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Cybersecurity team claims up to $2.1B in crypto stored in old wallets are at risk
15.11.2023
The security firm urges those using wallets generated from 2011 to 2015 to transfer their assets to crypto wallets that were generated more recently
Australian regulators will compel businesses to report cyberattacks: Report
13.11.2023
This obligation won’t be backed by a fine if the company fails to comply, and businesses will still be permitted to pay ransoms, though this is discouraged
Chinese president calls for unity on AI challenges and cyber development
9.11.2023
Xi Jinping addressed the World Internet Conference Summit saying there is a need to “deepen” exchanges and cooperation on an international level on AI challenges and cyberspace development
India trained 3,000 police officials on crypto investigations in 2022–2023
9.11.2023
The Narcotics Control Bureau and the Indian Cyber Crime Coordination Centre trained 141 officials and over 2,800 officers in the financial year 2022–2023
Bitfinex users fall for ‘minor’ phishing attack after employee gets hacked
5.11.2023
Bitfinex stressed its systems weren’t compromised and no customer funds were lost
UK seeks six crypto investigators to beef up National Crime Agency
2.11.2023
The role demands candidates to have the ability to provide strategic and tactical advice to crypto investigations, among other investigative qualities
Kaspersky Unveils Powerful Malware Posing as Crypto Miner Infecting Over 1 Million Computers
27.10.2023
Global cybersecurity and digital privacy firm Kaspersky’s researchers have discovered highly sophisticated malware affecting over a million victims since 2017. The malware – “StripedFly” – initially masqueraded as a cryptocurrency miner and was later found to be...
This Cybersecurity Pro Gets Paid to Hack Ethereum – for the Good of the Network
25.10.2023
One technique that these Ethereum Foundation security researchers use to protect the blockchain is “fuzzing,” a term borrowed from the software-development industry that’s become a common way of checking to make sure a system is secure and resilient
Former Israeli Military Intel Personnel Launch New Crypto Firm Blockaid with $33 Million in Funding – What Does it Do?
24.10.2023
Web3 security company Blockaid said it has emerged from stealth with $33 million in funding to protect users from fraud, phishing, and hacks.
The company, founded in September 2022, concluded its series A funding round, bringing the total raised to $33 million, led by Ribbit Capital and Variant...
SEC plans scrutiny of crypto dealer-brokers, transfer agents, per 2024 exam guide
16.10.2023
The SEC sets examination priorities based on feedback from examiners and input from investors and the industry
There's a Long Way Ahead to Make Crypto Safer: Hexens CEO
27.9.2023
The cryptocurrency industry continues to evolve at a rapid pace, bringing with it a host of cybersecurity challenges.
While almost all cryptocurrencies are secured by cryptography, which makes these digital assets immune to hacks, counterfeit, or double-spend, the industry remains vulnerable to...
Immunefi launches on-chain bug bounties through ‘Vaults’ system
26.9.2023
The Web3 security platform now allows projects to deposit bounty funds to a Safe smart contract, proving the funds are available
FTX Restores Full Access to Claims Portal After Cybersecurity Breach
17.9.2023
The portal allowing FTX customers to file claims with the bankrupt cryptocurrency exchange is again fully operational after a recent security incident. User accounts that were affected by the breach in August have been unfrozen, the failed crypto trading company announced. Crypto Exchange FTX...
FTX Claims Portal Back in Action After Cybersecurity Incident in August
17.9.2023
FTX has reopened its customer claims portal, unfreezing user accounts that were affected by a cybersecurity incident in August.
In a recent statement, FTX clarified that the freezing of customer accounts was a precautionary measure and emphasized that additional security measures have been...
Ripple says security incident accelerated its acquisition of Fortress Trust
13.9.2023
A multimillion-dollar security breach involving a third-party vendor hastened Ripple’s acquisition of Fortress Trust on Sept. 8
IMF Publications’ Report Highlights Growing Risks of Generative AI in Financial Sector
12.9.2023
As artificial intelligence (AI) continues its expansion into the finance sector, a new report published on the International Monetary Fund (IMF) Publications web portal cautions about risks associated with the latest AI capabilities in the financial world. The Rise of Thinking Machines: Report...
Security platforms warn about hidden phishing and wallet drainer links
8.9.2023
Cybersecurity professional Christian Seifert gave an example on how Discord's measure against malicious links can be abused by scammers
South Korea Seeks to Freeze North’s Crypto Assets Under New Law
6.9.2023
The government in Seoul intends to submit new legislation tailored to facilitate the tracking and freezing of crypto used to fund the weapons programs of North Korea. A bill has been drafted after extended consultations between ministries with the aim to make South Korean sanctions more effective...
Crypto Thefts in 2023: Nearly $1 Billion Lost to Scams and Exploits, Reports Certik
1.9.2023
According to cybersecurity firm Certik, nearly $1 billion in cryptocurrency has been pilfered due to scams, rug pulls, and exploits throughout 2023. The company highlighted that the combined incidents in August alone led to a loss of $45.8 million. Certik Analysis: Cryptocurrency Losses Near...
‘Infamous Chisel’ Malware Targets Crypto Wallets and Exchanges: A Joint Warning by FBI and GCHQ
1.9.2023
The “Infamous Chisel,” a new sophisticated malware, has been targeting crypto wallets and exchanges, as revealed in a joint report by the U.S. Federal Bureau of Investigation (FBI) and the U.K.’s Government Communications Headquarters (GCHQ). Multi-Agency Alert Over...